Project management is often viewed as an unnecessary expense and its value is unfortunately overlooked. To help make the right decision for your project, it is important to look at what project management is, what benefits it provides, and how it fits in the overall project. A six month project that goes over the original timeline by one month represents a 16% overage. Adding 10% to the overall project cost up front for Project Management may help reduce that overage or cut it altogether. Also, a 16% overage can have other negative effects on the company because it may delay other projects (the resources are tied up) and as a result, additional revenue may be lost. Therefore, it is important to find the right mix for a successful project between added cost and benefits.